Category: Retirement

29 March

The U.S. job market is not at its best — with some forecasts pointing toward continuing unemployment levels around 10 percent — but for many with strong skills and leadership experience from military service, it is still possible to attract good job offers. If this is the case for you, these eight tips will help […]

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22 March

Military retirement pay is intended to recognize the selfless dedication to a career in the military. While important, calculating Military retirement pay benefits depend on individual circumstances determined by the circumstances below. Those who served in the military (Active Duty, Reserves or Guard), for a typical length of at least 20 years, will receive military retirement pay. This […]

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22 March

The loss of a loved one is difficult – the time after such a loss, even more so. Waves of denial, great sadness, anger, and depression can come and go for months. To make matters worse, this time is typically encumbered by the significant number of decisions required to address your loved one’s affairs. The decisions […]

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15 February

Transitioning to civilian life is just like everything else in military life. Doing it successfully takes preparation. Give yourself plenty of time to complete all the required tasks before you officially retire. There are four basic steps to take: 1. Separation requirements: Must-do’s before your retirement date Start with the Transition Assistance Program. You’ll find detailed […]

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11 February

Moving from active duty pay to military retirement pay can bring some surprises.  It’s a lot better if you’re prepared!  Here are six things that often surprise new military retirees, and a bonus surprise that’s actually about your last active duty paycheck.  (P.S.  The bonus surprise is not positive, so be sure to read to […]

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06 February

Taking control of your future is the first step in planning a long and happy retirement. Social Security is making it faster and easier to do this with my Social Security. With your own personal my Social Security account, you’ll get immediate access to your personal Social Security Statement that has your earnings record and an […]

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03 February

Q: How is the military retirement system going to change? A: The National Defense Authorization Act outlines all the changes to the retirement system, which go into effect in January of 2018. Service members who joined after 2006 but before Jan. 1, 2018 will have the choice of whether to stay with the existing system […]

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26 January

President Obama signed the 2016 National Defense Authorization Act (NDAA) into law on November 25, 2015. Before both houses of Congress approved the bill, a large part of the public debate centered on the military retirement system and how it desperately needed change to save the Department of Defense on rising annual pension costs, while […]

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25 January

Pay Tables and More To find the latest news on military pay and benefits, including pay tables and retirement pay calculators, visit  MilitaryPay.Defense.gov. Department of Defense (DOD) Employees You can resolve your military pay issues and report suspected military pay fraud through the Defense Finance and Accounting Service (DFAS). Army, Air Force, Navy, Marine Corps active […]

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24 January

Years before you hang up your uniform and leave active-duty military service, you will need to make a major decision about your retirement pay. If you entered on or after Aug. 1, 1986, you’ll be asked around your 15th year of service to choose between two different retirement plans. The High-36 retirement plan is so named […]

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